According to market sources, demand for flat steel imports in Tunisia is still at very low levels, while Tunisian buyers are waiting for Chinese suppliers' return to the market. Chinese suppliers are currently out of the market due to the Chinese New Year holiday.
Meanwhile, hot rolled coil (HRC) offers from Russia to Tunisia have remained unchanged over the past month and are still at $310-315/mt CFR. Ukrainian HRC offers to the same destination have declined by $5-10/mt in the same period to $270-280/mt CFR, while Turkish HRC offers to Tunisia are currently at $340/mt CFR. All prices are for March production.
On the other hand, Russian cold rolled coil (CRC) offers to Tunisia are in the range of $360-370/mt CFR, for late April shipment.